Price rejected off the long term descending trend line, rejecting also this week previous resistance forming a double top. This upcoming week, I am looking for further downside on the lower timeframe, into the support region below.
Note
4 Hour: Support & head on shoulders neckline broken, a retest / rejection of previous support as resistance, & we can look for entry for price to complete the pattern.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.